Fed Minutes Help Dollar Gain

By

Ira Iosebashvili

Updated Jan. 4, 2013 8:37 a.m. ET

NEW YORK—The dollar rose broadly against other currencies after comments from the Federal Reserve suggested central bank officials may halt bond-buying programs that have been crucial in buoying the economy as early as this year.

Minutes of the Fed's Dec 11-12 policy meeting revealed that some officials supported an immediate halt to the program—in which the central bank pumps $85 billion per month into the economy through securities...